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Melrose Market Trends

Today, December 16, 2009

Median Sales Price in Melrose

Embed Info
1 yr 5 yr Max
Melrose median sales prices
Number of sold homes in Melrose
No. BedroomsSep - Nov '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$260,000-5.2%$286,850$274,250$296,000
3 bedrooms$379,000-4.1%$362,500$395,000$414,500
4 bedrooms$427,750+4.7%$373,376$408,500$507,450
All properties$377,000+1.2%$361,000$372,400$410,000
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Melrose Summary

The median sales price for homes in Melrose MA for Sep 09 to Nov 09 was $377,000. This represents an increase of 4.4%, or $16,000, compared to the prior quarter and an increase of 1.2% compared to the prior year. Sales prices have depreciated 8% over the last 5 years in Melrose.

The average listing price for Melrose homes for sale on Trulia was $427,726 for the week ending Dec 08, which represents an increase of 2.2%, or $9,013, compared to the prior week and an increase of 3%, or $12,330, compared to the week ending Nov 17. Average price per square foot for Melrose MA was $217, a decrease of 9.6% compared to the same period last year.

 

Average Listing Price in Melrose

Embed Info
1 yr 5 yr Max
Melrose average property price
Melrose – number of properties
No. BedroomsWeek ending
Dec 8
w-o-wWeek ending
Dec 1
Week ending
Nov 24
Week ending
Nov 17
1 bedroom$185,611-1.3%$188,010$186,929$188,550
2 bedrooms$315,7800.0%$315,832$313,077$314,419
3 bedrooms$445,999+2.7%$434,459$436,850$425,943
4 bedrooms$538,056-3.6%$558,243$554,158$548,316
All properties$427,726+2.2%$418,713$420,165$415,396
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Average Price Per Sqft for Homes in Melrose

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1 yr 5 yr Max
Melrose average price per square foot
No. BedroomsSep - Nov '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$192-13.1%$241$221$271
3 bedrooms$221-15.3%$222$261$260
4 bedrooms$216-2.7%$205$222$276
All properties$217-9.6%$221$240$258
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Homes for Sale in Melrose

173 Grove Street, Melrose MA
173 Grove…
$284,900
4 br  2 ba
112 Porter Street #6, Melrose MA
112 Porter…
$299,900
2 br  2 ba
14 Nowell Road, Melrose MA
14 Nowell…
$430,000
4 br  1 ½ ba
41 Nowell Road, Melrose MA
41 Nowell…
$339,900
4 br  1 ba
226 Beech Avenue, Melrose MA
226 Beech…
$529,000
4 br  2 ½ ba
125 Lebanon Street, Melrose MA
125 Lebanon…
$289,000
3 br  1 ba
View all Melrose Homes for Sale
 
Stats & Trends
Melrose

Real Estate Overview

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Community Info

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Nearby Cities

Cities
Median
sales price
Average
listing price
Malden
$264,900
$262,894
Stoneham
$305,000
$380,415
Saugus
$269,000
$413,272
Wakefield
$370,000
$481,920
Everett
$238,000
$288,440
Medford
$329,550
$358,174
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.